Market Sentiment Weakened in Stages Last Week and A-shares Fell after Hitting High

SHANGHAI, Mar 16 (SMM) - A-shares fell after hitting high last week as the market sentiment was affected by factors such as the lower-than-expected growth target and the possibility of further interest rate hikes by the Federal Reserve. Jufeng Investment Consulting believes that under the expectation of economic recovery, A shares are expected to enter a medium-to-long-term bull market. Foreign capital has substantially flowed into A-shares in 2023, actively buying Chinese assets, and thus we can still actively pay attention to the middle line. Bohai Securities believes that as far as the market outlook is concerned, the market will usher in the verification period of economic data and the market should continue to emphasize the fundamental support of the medium-term market. Short-term adjustments have not changed the medium-term trend of the market, which provides investors with further investment chances.